The independent director and effective corporate governance

dc.contributor.authorIwe, Chizabodaen_ZA
dc.date.accessioned2014-07-30T18:14:40Z
dc.date.available2014-07-30T18:14:40Z
dc.date.issued2014-07-30
dc.description.abstractAs a response to the rash of scandals in particularly USA and Europe in recent times, corporate governance has elicited a lot of interest worldwide. Today there is growing dialogue among the different stakeholders about corporate governance and how it should evolve to cope with the increasingly dynamic and global nature of our capital markets. Worldwide, corporate reforms and other initiatives are being taken as remedies to rebuild trust in corporate governance. Corporate reforms have led to the introduction in many countries of various codes or guidelines for best practices in corporate governance. Until now, probably the most important basic ingredient of these reform initiatives has been the emergence of the 'independent director'. The introduction of this concept of independent director is at the heart and soul of corporate governance. Although the relevance or otherwise of this class of director to corporate success has been the subject of robust discourse, it is generally accepted that a 'lack of monitoring by independent, disinterested non-executive directors has been a major cause for the various corporate scandals that we have witnessed'. The first section of this study attempts a comparative analysis of various definitions (taken from corporate governance codes of various countries) of the independent director, taking a look at his role within the corporate structure. The second part examines the rationale for including the viii viii independent director on the board, his effectiveness, and his relevance in relation to corporate performance.en_ZA
dc.identifier.apacitationIwe, C. (2014). <i>The independent director and effective corporate governance</i>. (Thesis). University of Cape Town ,Faculty of Law ,Department of Commercial Law. Retrieved from http://hdl.handle.net/11427/4635en_ZA
dc.identifier.chicagocitationIwe, Chizaboda. <i>"The independent director and effective corporate governance."</i> Thesis., University of Cape Town ,Faculty of Law ,Department of Commercial Law, 2014. http://hdl.handle.net/11427/4635en_ZA
dc.identifier.citationIwe, C. 2014-07-30. The independent director and effective corporate governance. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Iwe, Chizaboda AB - As a response to the rash of scandals in particularly USA and Europe in recent times, corporate governance has elicited a lot of interest worldwide. Today there is growing dialogue among the different stakeholders about corporate governance and how it should evolve to cope with the increasingly dynamic and global nature of our capital markets. Worldwide, corporate reforms and other initiatives are being taken as remedies to rebuild trust in corporate governance. Corporate reforms have led to the introduction in many countries of various codes or guidelines for best practices in corporate governance. Until now, probably the most important basic ingredient of these reform initiatives has been the emergence of the 'independent director'. The introduction of this concept of independent director is at the heart and soul of corporate governance. Although the relevance or otherwise of this class of director to corporate success has been the subject of robust discourse, it is generally accepted that a 'lack of monitoring by independent, disinterested non-executive directors has been a major cause for the various corporate scandals that we have witnessed'. The first section of this study attempts a comparative analysis of various definitions (taken from corporate governance codes of various countries) of the independent director, taking a look at his role within the corporate structure. The second part examines the rationale for including the viii viii independent director on the board, his effectiveness, and his relevance in relation to corporate performance. DA - 2014-07-30 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2014 T1 - The independent director and effective corporate governance TI - The independent director and effective corporate governance UR - http://hdl.handle.net/11427/4635 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/4635
dc.identifier.vancouvercitationIwe C. The independent director and effective corporate governance. [Thesis]. University of Cape Town ,Faculty of Law ,Department of Commercial Law, 2014 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/4635en_ZA
dc.language.isoenen_ZA
dc.publisher.departmentDepartment of Commercial Lawen_ZA
dc.publisher.facultyFaculty of Lawen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.titleThe independent director and effective corporate governanceen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameLLMen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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